Policy News

Shandong Province Launches ‘Implementation Plan for Synergizing Pollution Reduction and Carbon Mitigation’

2023 05 23

On 23 May, Shandong Province released an implementation plan for synergized pollution reduction and carbon mitigation. This major step, jointly rolled out by the Department of Ecology and Environment and six other departments, aligns with the ‘National Strategic Decision on Carbon Peaking and Neutrality.’ Shandong’s Implementation Plan offers a comprehensive

Shandong spot power market dipped below zero during the national holiday in May

2023 05 05

The Shandong electricity spot market saw negative prices for 22 consecutive hours (20:00; 1 May – 17:00; 2 May) during national holidays in May 2023. The spot power price fluctuated drastically from 1047.51 RMB/MWh to -85 RMB/MWh (see figure below). The combination of reduced demand due to the holiday break

Carbon impact analysis required for all new investment projects in China

2023 05 01

Since 1 May 2023, Chinese governmental entities and enterprises are required to conduct a carbon impact analysis for every new investment project located in China. This new guideline was published by the National Development and Reform Commission (NDRC) on 3 March. The analysis needs to be included in the feasibility

Ministry of Natural Resources issued ‘Requirements for Strictly Adhering to the Bottom Line and Standardizing the Implementation of Comprehensive Land Remediation Pilot in the Whole Region’

2023 04 30

The Ministry of Natural Resources issued the ‘Requirements for Strictly Adhering to the Bottom Line and Standardizing the implementation of Comprehensive Land Remediation Pilot in the Whole Region’ on 23 April 2023. The new requirements regulate land management and spatial planning at the national level. Their overall aim is to

China released ‘Guideline for Developing a Standard System to Achieve Carbon Neutrality’

2023 04 23

Eleven ministries jointly issued the guideline on building a holistic standard system to achieve China’s carbon peaking and neutrality goals. The standard system contains four primary systems covering general standards, carbon emission reduction standards, carbon removal standards and market mechanism standards. The aim of the guideline is to address key

2023 Government Work Report and National Economic, Social Development Plan

2023 03 05

The 2023 Report on The Work of the Government and the 2023 Draft Plan for National Economic and Social Development were released on 5 March during China’s 14th National People’s Congress. Low carbon transition is on top of government’s agenda this year for both the 2023 report and the 2023 plan.

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Shandong Province Launches ‘Implementation Plan for Synergizing Pollution Reduction and Carbon Mitigation’

Shandong spot power market dipped below zero during the national holiday in May

Carbon impact analysis required for all new investment projects in China

Ministry of Natural Resources issued ‘Requirements for Strictly Adhering to the Bottom Line and Standardizing the Implementation of Comprehensive Land Remediation Pilot in the Whole Region’

China released ‘Guideline for Developing a Standard System to Achieve Carbon Neutrality’

2023 Government Work Report and National Economic, Social Development Plan

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